The economy of the European Union is set to grow by *** percent in 2025, according to forecasts by the European Commission. This marks a significant slowdown compared to previous years, when the EU member states grew quickly in the aftermath of the COVID pandemic. ***** is the country which is forecasted to grow the most in 2025, with an annual growth rate of *** percent. Many of Europe's largest economies, on the other hand, are set to experiencing slow growth or stagnation, with Germany, France, and Italy growing below *** percent.

This statistic shows the growth of the real gross domestic product (GDP) in the Euro area from the second quarter 2020 to the second quarter 2024. In the second quarter of 2024, the GDP of the Euro area increased by 0.6 percent compared to the same quarter of the previous year.

The Gross Domestic Product (GDP) In the Euro Area expanded 0.10 percent in the second quarter of 2025 over the previous quarter. This dataset provides - Euro Area GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the growth of the real gross domestic product (GDP) in the EU member states in the second quarter 2024 compared to the same quarter of the previous year. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change in it is a sign of economic growth. In the second quarter of 2024, the real GDP in Denmark increased by 2.5 percent compared to the same quarter of the previous year. The overall EU GDP amounted to around 15.8 trillion euros around the same time. Global economy and the economic crisis The global economy has been slowly recovery after having been devastated by the global financial crisis in 2008. The economic crisis, which hit Greece, Ireland and Portugal, among other countries, severely, marked the beginning of the European sovereign debt crisis which forced these nations to request a bailout between 2013 and 2014. In November 2014, the unemployment rate in Greece amounted to around a desastrous 25 percent, which means one quarter of Greeks who were of working age were out of work. Meanwhile, the unemployment rate average for the whole European Union was at 10 percent. In addition, Greece, Italy, Portugal, and Ireland ranked at the top of the list of the nations in the European Union with the largest national debt in relation to the gross domestic product. In the third quarter of 2014, Greece’s national debt amounted to 176 percent of the gross domestic product. Despite the crisis, the global economy is expected to improve. It is estimated that GDP in the European Union will grow by 1.85 percent in 2015 in comparison to the previous year. Also, the national debt in relation to GDP in Greece, Italy, Portugal and Ireland will decrease between 2015 and 2016.

This dataset provides values for GDP GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The real gross domestic product (GDP) of Malta is estimated to have grown by *** percent in 2023 and is projected to grow a further **** percent in 2024, which are the highest growth rates across all European countries for each year. In comparison, Estonia, Austria, Finland, and Ireland all had *************** rates in 2023.

The Gross Domestic Product (GDP) in European Union expanded 0.20 percent in the second quarter of 2025 over the previous quarter. This dataset provides the latest reported value for - European Union GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Gross Domestic Product by Expenditure in Constant Prices: Total Gross Domestic Product for the European Union (NAEXKP01EUQ657S) from Q2 1995 to Q4 2019 about EU, Europe, real, and GDP.

According to projections by a range of economic institutions, the economy of the Euro currency area is forecast to grow by between 0.5 percent and 1.2 percent in 2024. The Eurozone saw slow growth in 2023, when it grew by 0.7 percent - albeit this was significantly better than many economic forecasts which predicted a recession in the EU in that year. Across all the forecasts included, growth is expected to pick up in 2025, when the Eurozone's economy is expected to grow between 1.4 and 1.8 percent.

The Gross Domestic Product (GDP) In the Euro Area expanded 1.40 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Euro Area GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Total Construction for the European Union (PRCNTO01EUQ661S) from Q1 1993 to Q2 2018 about EU, Europe, IP, and construction.

Graph and download economic data for Employment by Economic Activity: Agriculture: All Persons for the European Union (LFEAAGTTEUQ647N) from Q2 2000 to Q4 2019 about EU, agriculture, Europe, and employment.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Government Final Consumption Expenditure for the Euro Area (19 Countries) (NAEXKP03EZQ657S) from Q2 1995 to Q1 2023 about Euro Area, Europe, consumption expenditures, consumption, government, real, and GDP.

Wages In the Euro Area increased 3.40 percent in March of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Wage Growth - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Producer Prices Index: Economic Activities: Domestic Manufacturing for the European Union (PIEAMP02EUQ659N) from Q1 1996 to Q2 2020 about EU, Europe, domestic, manufacturing, PPI, price index, indexes, and price.

Graph and download economic data for Total Manufacturing Production for the European Union (PRMNTO01EUQ657S) from Q2 1990 to Q4 2019 about EU, Europe, IP, and manufacturing.

Graph and download economic data for Employment by Economic Activity: Industry Excluding Construction: All Persons for the European Union (LFEAINTTEUQ647N) from Q2 2003 to Q4 2019 about EU, Europe, construction, employment, and industry.

Graph and download economic data for Producer Prices Index: Economic activities: Manufacture of food products: Total for the European Union (EU28PIEAFD01GPQ) from Q2 2000 to Q2 2020 about EU, Europe, production, manufacturing, PPI, price index, indexes, and price.

Graph and download economic data for Employment by Economic Activity: Manufacturing: All Persons for the European Union (LFEAMNTTEUQ647N) from Q2 2000 to Q4 2019 about EU, Europe, manufacturing, and employment.

Graph and download economic data for Gross Domestic Product by Expenditure in Constant Prices: Gross Fixed Capital Formation for the European Union (NAEXKP04EUQ657S) from Q2 1995 to Q4 2019 about fixed capital formation, EU, fixed, capital, Europe, gross, real, and GDP.